Topline
The Federal Trade Commission has reached a settlement banning Dennise Merdjanian, an operator of Nevada-based Superior Servicing, from the debt relief and telemarketing industries for life after the agency says she cheated student loan borrowers out of roughly $46 million by impersonating the Department of Education.
Student loan borrowers and advocates gather for the People’s Rally To Cancel Student Debt in 2023.
Getty Images for People’s Rally to Cancel Student Debt
Key Facts
Merdjanian was accused of posing as a Department of Ed employee and falsely promising those with student loans that she and her company could get them lower monthly payments or have their loans forgiven.
Instead, she and other defendants charged people…